MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0003435
Dev Tech India Private Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹321.96 Cr
▲ 210% YoY
Net profit · FY 2025
₹1.03 Cr
Net margin 0.3%
EBITDA · FY 2025
₹3.04 Cr
EBITDA margin 0.9%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.16 Cr
Issued & subscribed
Open charges
₹15.45 Cr
Satisfied ₹6.23 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
45
Provident fund records
About Dev Tech India Private Limited
Data last updated:
Dev Tech India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 23 April 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH1999PTC119582. Its GSTIN is 27AABCD3041N1ZO (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.16 Cr. It is led by directors including Rameshchandra Shantilal Shah and Devyani Rameshchandra Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1127 Hubtown Solaris N. S. Phadke Marg Sai Wadi Near Fly Over Andheri (East), Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹321.96 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 0.3%) and EBITDA of ₹3.04 Cr (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 91% over three years and 68% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: 18k Gold Jewellery Wholesaler and Dev Tech. As per MCA filings, the company has open charges of ₹15.45 Cr and satisfied charges of ₹6.23 Cr on record. Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it; 2 cases are pending.
Dev Tech India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0003435). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devtechindia.com.
Company details
CIN U36912MH1999PTC119582
Registration Number 119582
Incorporation Date 23 April 1999
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0003435
Key People
Rameshchandra Shantilal Shah Director Devyani Rameshchandra Shah Director Rohitbhai Navinchandra Doshi Director Recognitions & Rankings of Dev Tech India
Contact details
Dev Tech India Private Limited's registered office is in Mumbai, Maharashtra. Its website is devtechindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered Address1127 Hubtown Solaris N. S. Phadke Marg Sai Wadi Near Fly Over Andheri (East), Mumbai, Maharashtra, India – 400069
- IndustryMetals and Minerals, Other Metals & Minerals
To see the full contact details of Dev Tech India Private Limited, buy the company report.
Comprehensive company report
Dev Tech India Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Dev Tech India operates two associated brands: 18k Gold Jewellery Wholesaler and Dev Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Wholesaling of gold jewellery and related products in Mumbai. | devtechindia.com | |
| Manufacturing and exporting of industrial diamond products for the abrasive industry. | devtechindia.co.in |
Business activity
The main business activity of Dev Tech India is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Dev Tech India Private Limited, buy the company report.
Financials of Dev Tech India Private Limited
FY 2025 filings availableDev Tech India Private Limited reported revenue of ₹321.96 Cr (up 210% YoY) for FY 2025.
Revenue · FY 2025
₹321.96 Cr ▲ 210%
Net profit · FY 2025
₹1.03 Cr margin 0.3%
EBITDA · FY 2025
₹3.04 Cr margin 0.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 210%
3 years · compounded
▲ 91%
5 years · compounded
▲ 68%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 6%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 68% over five years, including 210% growth in the latest year. EBITDA rose 1% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹3.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.03 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Dev Tech India Private Limited, buy the company report.
Board of directors of Dev Tech India Private Limited
Dev Tech India has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rameshchandra Shantilal Shah Also directs: Dev Coatings & Catalysts LLP, Dev Ornaments LLP | Director | 23 Apr 1999 | 27 Years 6 Months | Current |
| Devyani Rameshchandra Shah | Director | 23 Apr 1999 | 27 Years 6 Months | Current |
| Rohitbhai Navinchandra Doshi | Director | 01 Aug 2013 | 13 Years 2 Months | Current |
| Jinesh Jyotindra Shah | Director | 01 Dec 2009 | 16 Years 10 Months | Current |
| Shankerlal Kalaji Desai Also directs: Dev Coatings & Catalysts LLP | Director | 08 Jul 2021 | 5 Years 3 Months | Current |
Auditor
Dev Tech India Private Limited is audited by Kamdar Desai and Patel for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kamdar Desai and Patel | FY 2023 | 104664W |
Shareholding
The shareholding of Dev Tech India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dev Tech India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15.45 Cr
Satisfied charges
₹6.23 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2022 | 100607081 | Hdfc Bank Limited | ₹27.28 Lakh | Open | |
| 06 Jan 2018 | 100149531 | Others | ₹15.18 Cr | Open | |
| 06 Mar 2010 | 10207205 | Union Bank of India | ₹20 Lakh | Satisfied | |
| 06 Mar 2010 | 10207224 | Union Bank of India | ₹75 Lakh | Satisfied | |
| 30 Aug 2008 | 10125402 | Union Bank of India | ₹25 Lakh | Satisfied |
To see the full charge records of Dev Tech India Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Dev Tech India Private Limited has 8 court cases on record: 6 filed by Dev Tech India, 2 filed against it. 2 cases are pending and 6 are disposed.
Total cases
8
Filed by the company
6
Filed against the company
2
Pending
2
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 2 | 2 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP1) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against individuals | Pending |
| High Court of Delhi | Writ petition | Filed by the company against an individual | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Dev Tech India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Dev Tech India Private Limited has 9 MSME Form 1 returns on record between 2019 and 2024, listing 50 overdue payments to 25 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 25)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Olive Advanced Security Integrated Solutions Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Kakadiam |
To see the full MSME payment records of Dev Tech India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Dev Tech India Private Limited has a workforce of 45 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
45
Active EPFO establishments
1
Employee growth
-10%
GST
Dev Tech India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCD3041N1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dev Tech India Private Limited, buy the company report.
Recent activity
Dev Tech India Private Limited has 7 board changes on record since 1999: 5 appointments and 2 cessations. The latest: Shankerlal Kalaji Desai ceased to be Additional Director on 30 Nov 2021.
AGM
Dev Tech India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Dev Tech India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others of Rs. 15.18 Cr registered on 06 Jan 2018 with Charge ID 100149531 was modified on 14 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 100607081 was registered on 01 Aug 2022.
Ceased
Shankerlal Kalaji Desai ceased to be Additional Director.
Appointed
Shankerlal Kalaji Desai was appointed as Director.
Charges
A charge registered on 15 May 2006 via Charge ID 10004843 with Union Bank Of India Limited was fully satisfied on 26 Apr 2018.
Charges
A charge registered on 15 Oct 2005 via Charge ID 90231240 with Union Bank Of India was fully satisfied on 26 Apr 2018.
Charges
A charge registered on 17 Aug 2005 via Charge ID 90145792 with Union Bank Of India was fully satisfied on 26 Apr 2018.
Charges
A charge registered on 06 Mar 2010 via Charge ID 10207205 with Union Bank Of India was fully satisfied on 17 Apr 2018.
Charges
A charge registered on 06 Mar 2010 via Charge ID 10207224 with Union Bank Of India was fully satisfied on 17 Apr 2018.
Charges
A charge registered on 30 Aug 2008 via Charge ID 10125402 with Union Bank Of India was fully satisfied on 17 Apr 2018.
19 earlier events are in the company report.
Frequently asked questions
Dev Tech India is an active private limited company based in Mumbai, Maharashtra, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 23 April 1999 (27+ years old) and is registered under CIN U36912MH1999PTC119582.
Dev Tech India has 5 current directors:
- Rameshchandra Shantilal Shah - Director
- Devyani Rameshchandra Shah - Director
- Rohitbhai Navinchandra Doshi - Director
- Jinesh Jyotindra Shah - Director
- Shankerlal Kalaji Desai - Director
The latest financial statements of Dev Tech India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Dev Tech India is 27AABCD3041N1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dev Tech India is U36912MH1999PTC119582. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dev Tech India has 8 court cases on record: 6 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Dev Tech India was incorporated on 23 April 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Shankerlal Kalaji Desai ceased to be Additional Director on 30 Nov 2021. Shankerlal Kalaji Desai was appointed as Director on 08 Jul 2021. Ashok Dhondu Lanjekar ceased to be Director on 20 Sep 2014. Dev Tech India has 7 board changes on record in total.
Yes, Dev Tech India is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0003435).
Dev Tech India has 9 MSME Form 1 returns on record between 2019 and 2024, listing 50 overdue payments to 25 micro and small suppliers. The latest return was filed on 23 Apr 2024.
Dev Tech India can be reached through the website devtechindia.com. Its registered office is in Mumbai, Maharashtra, India.